This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose a poor economy inches towards the steady state in Solow's exogenous growth model. What ... (Read 50 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Suppose a poor economy inches towards the steady state in Solow's exogenous growth model. What happens?
 
  A) Consumption per capita decreases.
  B) Saving per capita decreases.
  C) The depreciation rate increases.
  D) The growth rate of output decreases.

Question 2

If workers sit idly by for a portion of their workday, but are still employed, ________.
 
  A) the negative productivity shock has no effect on output
  B) it is unlikely that a decrease in aggregate demand is the cause
  C) aggregate data may create a false illusion of a negative productivity shock
  D) a negative productivity shock is the most plausible explanation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

The threespine stickleback (Gasterosteus aculeatus) has been used as a model organism for the study The threespine stickleback (Gasterosteus aculeatus) has been used as a model organism for the study
growth of bacteria growth of bacteria
Chest X-ray. A physician is examining chest X-rays with the aid of a plastic model of the bronchial Chest X-ray. A physician is examining chest X-rays with the aid of a plastic model of the bronchial
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library